Open Text and License Revenue May 1, 2008
Posted by Lee Dallas in Content Management, EMC.Tags: Documentum, EMC, Open Text
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I am amazed at how (at least in public) old time “Documentum” people continue to be dismissive of Open Text. I’ve written here before that it seemed that OT’s acquisition strategy and close ties to Microsoft seemed at odds with a takeover bid but In case you haven’t noticed, Open Text is making money. A lot of it. With a market cap approaching 1.9 billion and license revenue up, they are trending much better than Documentum and it isĀ just too much cash to ignore. (more…)
